BANK OF AMERICA: The most important segment of the housing market has peaked

The top is in for existing-home sales, which make up 90% of transactions in the US, according to economists at Bank of America Merrill Lynch. The largest segment of the housing market has peaked and will no longer contribute to the US economy’s growth, according to US economists at Bank of America
— Read on finance.yahoo.com/news/bank-america-most-important-segment-132100753.html

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